Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
EURO-DOLLAR TECHS: Downside Focus
*RES 4: 1.1250 High Aug 6
*RES 3: 1.1239 High Dec 31 and bull trigger
*RES 2: 1.1206 High Jan 6
*RES 1: 1.1168 High Jan 8
*PRICE: 1.1124 @ 16:26 GMT Jan 14
*SUP 1: 1.1085 Low Jan 10
*SUP 2: 1.1066/65 Low Dec 20 / 100-dma
*SUP 3: 1.1057/40 Trendline support drawn off the Oct 1 low / Low Dec 6
*SUP 4: 1.1003 Low Dec 2
EURUSD today found some resistance. Recent gains continue to be viewed as a
correction with the pair maintaining a softer tone following last week's
sell-off. The move lower this month, risks a deeper pullback towards 1.1066, the
Dec 20 low where a break would strengthen a bearish case and expose trendline
support at 1.1057 drawn off the Oct 1 low. For bulls to regain control,
resistance at 1.1168 needs to be cleared before tackling 1.1206, Jan 6 high.